BrenX Reports Its Tempo Project Delivered Preliminary Results Indicating Approximately 40% Lower Steam Costs…

Benzinga · Meg Flippin ·

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This post contains sponsored content and was created in collaboration with a third-party partner. Benzinga is a publisher and does not provide personalized investment advice or act as a broker or dealer. This content is for informational purposes only and is not intended to be investing advice or an offer or solicitation to buy or sell any security. Read further disclosures here.

When it comes to replacing fossil fuel boilers, the first question an industrial company often asks is how much it will save. BrenX Ltd. (NASDAQ:BRNX), the provider of thermal energy storage and integrated industrial energy solutions, now has preliminary data from a working industrial installation to help answer that.

With commissioning ongoing at Tempo Beverages, BrenX’s flagship industrial project, the company recently reported that preliminary operating data indicated potential customer energy cost savings of approximately $1.0 million annually if current performance is sustained.

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